Hyzon Price To Sales Ratio from 2010 to 2024

HYZN Stock  USD 1.86  0.07  3.63%   
Hyzon Motors Price To Sales Ratio yearly trend continues to be very stable with very little volatility. Price To Sales Ratio is likely to grow to about 39 K this year. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Hyzon Motors' market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
37.1 K
Current Value
39 K
Quarterly Volatility
9.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hyzon Motors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hyzon Motors' main balance sheet or income statement drivers, such as Other Operating Expenses of 107.1 M, Total Operating Expenses of 93.8 M or Net Interest Income of 9.5 M, as well as many indicators such as Price To Sales Ratio of 39 K, Dividend Yield of 0.0 or PTB Ratio of 79.63. Hyzon financial statements analysis is a perfect complement when working with Hyzon Motors Valuation or Volatility modules.
  
Check out the analysis of Hyzon Motors Correlation against competitors.
To learn how to invest in Hyzon Stock, please use our How to Invest in Hyzon Motors guide.

Latest Hyzon Motors' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Hyzon Motors over the last few years. Price to Sales Ratio is figured by comparing Hyzon Motors stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hyzon Motors sales, a figure that is much harder to manipulate than other Hyzon Motors multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Hyzon Motors' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hyzon Motors' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.38 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Hyzon Price To Sales Ratio Regression Statistics

Arithmetic Mean14,169
Geometric Mean12,285
Coefficient Of Variation69.30
Mean Deviation6,371
Median10,938
Standard Deviation9,819
Sample Variance96.4M
Range33.8K
R-Value0.53
Mean Square Error74.9M
R-Squared0.28
Significance0.04
Slope1,159
Total Sum of Squares1.3B

Hyzon Price To Sales Ratio History

202439 K
202337.1 K
2022 5159.18

About Hyzon Motors Financial Statements

Hyzon Motors investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Hyzon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio37.1 K39 K

Pair Trading with Hyzon Motors

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hyzon Motors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hyzon Motors will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hyzon Stock

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Moving against Hyzon Stock

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The ability to find closely correlated positions to Hyzon Motors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyzon Motors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hyzon Motors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hyzon Motors to buy it.
The correlation of Hyzon Motors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hyzon Motors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyzon Motors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hyzon Motors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Hyzon Motors is a strong investment it is important to analyze Hyzon Motors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hyzon Motors' future performance. For an informed investment choice regarding Hyzon Stock, refer to the following important reports:
Check out the analysis of Hyzon Motors Correlation against competitors.
To learn how to invest in Hyzon Stock, please use our How to Invest in Hyzon Motors guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyzon Motors. If investors know Hyzon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyzon Motors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(34.43)
Revenue Per Share
2.152
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.50)
Return On Equity
(1.33)
The market value of Hyzon Motors is measured differently than its book value, which is the value of Hyzon that is recorded on the company's balance sheet. Investors also form their own opinion of Hyzon Motors' value that differs from its market value or its book value, called intrinsic value, which is Hyzon Motors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyzon Motors' market value can be influenced by many factors that don't directly affect Hyzon Motors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyzon Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyzon Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyzon Motors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.